Sanctuary Advisors LLC lifted its stake in Exxon Mobil Co. (NYSE:XOM - Free Report) by 20.2% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,181,745 shares of the oil and gas company's stock after buying an additional 198,476 shares during the quarter. Exxon Mobil comprises 0.9% of Sanctuary Advisors LLC's portfolio, making the stock its 11th biggest holding. Sanctuary Advisors LLC's holdings in Exxon Mobil were worth $143,925,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors have also recently made changes to their positions in XOM. Fairway Wealth LLC purchased a new stake in Exxon Mobil in the 2nd quarter worth $35,000. Anfield Capital Management LLC raised its stake in Exxon Mobil by 360.0% during the 2nd quarter. Anfield Capital Management LLC now owns 322 shares of the oil and gas company's stock valued at $37,000 after purchasing an additional 252 shares during the period. Fairscale Capital LLC purchased a new position in Exxon Mobil in the 2nd quarter worth approximately $39,000. POM Investment Strategies LLC grew its holdings in Exxon Mobil by 918.9% during the 2nd quarter. POM Investment Strategies LLC now owns 377 shares of the oil and gas company's stock valued at $43,000 after buying an additional 340 shares in the last quarter. Finally, Hershey Financial Advisers LLC bought a new stake in shares of Exxon Mobil during the second quarter valued at approximately $46,000. 61.80% of the stock is owned by hedge funds and other institutional investors.
Exxon Mobil Trading Down 0.1 %
Exxon Mobil stock traded down $0.09 during mid-day trading on Thursday, hitting $111.83. The company's stock had a trading volume of 14,534,215 shares, compared to its average volume of 16,311,651. Exxon Mobil Co. has a one year low of $95.77 and a one year high of $126.34. The stock has a market cap of $491.50 billion, a PE ratio of 13.87, a P/E/G ratio of 4.74 and a beta of 0.89. The company has a 50 day moving average of $119.34 and a 200-day moving average of $116.43. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.01 and a current ratio of 1.35.
Exxon Mobil (NYSE:XOM - Get Free Report) last announced its quarterly earnings data on Friday, November 1st. The oil and gas company reported $1.92 earnings per share for the quarter, beating analysts' consensus estimates of $1.91 by $0.01. The company had revenue of $90.02 billion during the quarter, compared to analyst estimates of $93.98 billion. Exxon Mobil had a net margin of 9.61% and a return on equity of 14.73%. The firm's revenue for the quarter was down .8% on a year-over-year basis. During the same quarter last year, the business posted $2.27 EPS. On average, research analysts anticipate that Exxon Mobil Co. will post 7.94 EPS for the current year.
Exxon Mobil Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, December 10th. Investors of record on Thursday, November 14th were issued a $0.99 dividend. This is a positive change from Exxon Mobil's previous quarterly dividend of $0.95. The ex-dividend date was Thursday, November 14th. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.54%. Exxon Mobil's payout ratio is presently 49.32%.
Wall Street Analyst Weigh In
A number of brokerages have issued reports on XOM. UBS Group reduced their price target on shares of Exxon Mobil from $149.00 to $147.00 and set a "buy" rating on the stock in a report on Thursday. JPMorgan Chase & Co. raised their price target on Exxon Mobil from $127.00 to $128.00 in a report on Thursday, October 31st. Mizuho upped their price objective on Exxon Mobil from $128.00 to $130.00 and gave the stock a "neutral" rating in a report on Monday, September 16th. BNP Paribas lowered shares of Exxon Mobil from a "neutral" rating to an "underperform" rating and set a $105.00 target price for the company. in a report on Wednesday, October 9th. Finally, Wells Fargo & Company upped their price target on shares of Exxon Mobil from $135.00 to $136.00 and gave the company an "overweight" rating in a research note on Friday, September 27th. One analyst has rated the stock with a sell rating, eight have given a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $129.84.
Check Out Our Latest Stock Analysis on Exxon Mobil
Exxon Mobil Company Profile
(
Free Report)
Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.
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